News

From 15 January 2019, Uzbekistan will introduce a visa-free regime for German citizens visiting Uzbekistan for tourism for 30 days, the press service of the State Committee for Tourism said in a statement.

Uzbekistan introduces a visa-free regime for a period of 30 days for citizens of another 45 countries of the world from 1 February 2019.

President of Uzbekistan Shavkat Mirziyoyev signed a decree “On measures to further improve the activities of the National Agency for Project Management” on 10 January.

On 14 January, President of Uzbekistan Shavkat Mirziyoyev signed a decree “On measures to fundamentally improve the system of state assets management, antitrust regulation and the capital market”

Fitch Ratings assigned Uzbekistan a long-term issuer default rating in local and foreign currency at BB-, the rating outlook is “stable", Trend reports on Dec. 21 referring to the agency’s press service.

With aim to develop a tourism industry, including accelerating the implementation of investment projects for the construction of modern hotels and similar accommodation facilities, attracting foreign direct investment in the development of the hotel industry in the country, the President of the Republic of Uzbekistan has enacted two specific bylaws – the Decree of the President of the Republic of Uzbekistan No. UP-5611 “On Additional Measures for Accelerated Development of the Tourism Industry” (the “Decree No. UP-5611”) and the Resolution of the President of the Republic of Uzbekistan No. PP-4095 (the “Resolution No. PP-4095”) were issued on 5 January 2019.